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Earnings/(loss) per share (Tables)

12 Months Ended

Dec. 31, 2019

Earnings Per Share [Abstract]

Basic and Diluted Earnings Per Share Calculation

The Company calculates basic and diluted earnings per share as follows:

		Year Ended December 31,
		2017				2018				2019
Numerator
Net (loss)/income			(1,218,237	)			(12,276,520	)			2,093,124
Less: Undistributed earnings allocated to non-vested shares			—				—				(8,922	)
Net (loss)/income attributable to common shareholders, basic			(1,218,237	)			(12,276,520	)			2,084,202
Denominator
Weighted average number of shares outstanding, basic and diluted			39,809,364				39,860,563				39,800,434
(Loss)/earnings per share, basic and diluted			(0.03	)			(0.31	)			0.05

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- References

No definition available.

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

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